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the function's ball, got the highest rating. >> you talk to barack obama's pollsters. what you see is barack obama despite having a rating below 2%, the most pop the politician in the country. you need to have somebody beating you at your own game before people can get you. the problem is he is at around 47, 48%. all things equal, he is in pretty good shape. dagen: how long have you and i known each other? i am an idiot. so good to see you. said in february we would see in 1987 all over again. a crash, that is right. that was about six months ago, so what would trigger it? editor of the gloom, doom report. joining us from thailand. when will it show up? you don't have much time left. >> thank you for having me on. either direction would be coming right then, or we could have an 87 when the market rose, and then lost within two months, 40%. so i didn't say it would crash at that time, but i think that's technical underpinning of the market at the present time are poor. we had the high, with the s&p at 1687. we are now slightly above that level at 1693. but the majority
the function's ball, got the highest rating. >> you talk to barack obama's pollsters. what you see is barack obama despite having a rating below 2%, the most pop the politician in the country. you need to have somebody beating you at your own game before people can get you. the problem is he is at around 47, 48%. all things equal, he is in pretty good shape. dagen: how long have you and i known each other? i am an idiot. so good to see you. said in february we would see in 1987 all over...
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Aug 21, 2013
08/13
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president obama is owed $312 from massachusetts treasury. the president is on the state's and glen produced for two cable-tv refund checks. they were cut during the first year of the obama presidency. mr. obama once lived in massachusetts when he attended harvard business school. those are your news headlines on the fox business network. connell: thank you. now some news for investors betting on the shorts on wall street. charles is going to love this story. new report from the wall street journal revealing the 100 most heavily shorted stocks on the russell 3,000 sharply outperforming the average return of the index. with that we turn over the floor to something we talked about a few times. charles: i had, my company is publicly traded and the shorts destroyed by stock. i have a personal vendetta. i don't like the shorts in the sense that i know they have a purpose but for too long they have been able to run amok. connell: you are not patrick lynch or whatever. charles: i won't where of bear ray and say space ships are landing but i will say
president obama is owed $312 from massachusetts treasury. the president is on the state's and glen produced for two cable-tv refund checks. they were cut during the first year of the obama presidency. mr. obama once lived in massachusetts when he attended harvard business school. those are your news headlines on the fox business network. connell: thank you. now some news for investors betting on the shorts on wall street. charles is going to love this story. new report from the wall street...
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Aug 15, 2013
08/13
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president obama calling for calm. trending downward, not just the market, but the president's approval rating on the economy flipping to 35% last month. seven percentage points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the market this hour of "markets now." ♪ connell: those headlines show you there is a lot going on-9 today. we will get to the mess in egypt in just a moment, but first, our market today with the selloff, seeing the biggest decline in a couple of months. nicole petallides starts us off on the floor of the new york stock exchange. nicole: you are absolutely right. the lowest point, the biggest move to the downside since june 20. down about 1.5% right now. back on june 20 the dow dropped over 2%, this is the biggest moving percenta
president obama calling for calm. trending downward, not just the market, but the president's approval rating on the economy flipping to 35% last month. seven percentage points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the...
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Aug 26, 2013
08/13
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for obama to say, never mind, we're not going to move, that is not on option at this point. lori: is there an issue with the fact globally oil prices have stablized the domestic energy independent story for the united states is really coming along? maybe this is adding to the apathy and their delay in responding to syria? >> you hear that and the country obviously is weary of war, kids coming home without limbs i understand that. but no, i don't think that our energy independence which is getting closer and closer is the big factor. i think the two big factors are israel. we have to have a presence there because israel is a strong ally and the iranians. if we were to not have a strong presence i think that would send a signal to the iranians just as they're getting close to developing a nuclear bomb. lori: so you don't think a ripple effect through the region is a foregone conclusion? you think we can curb it still? >> yes. the problem is, if assad is forced out in damascus, who% replaces him? who are the good guys? it is very hard to say. is it hezbollah? is it al qaeda? mo
for obama to say, never mind, we're not going to move, that is not on option at this point. lori: is there an issue with the fact globally oil prices have stablized the domestic energy independent story for the united states is really coming along? maybe this is adding to the apathy and their delay in responding to syria? >> you hear that and the country obviously is weary of war, kids coming home without limbs i understand that. but no, i don't think that our energy independence which is...
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Aug 23, 2013
08/13
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that the 4 obama care. and capital gains which is at 15%, obama moved it up to 20%. and 3.8%, and 24%, back to where it was before reagan came into office. and on capital gains taxes, and they were in dividends. 39.5%. and it was a tremendous assets, through dividends. and to 23.8%. than other investment income in chapter s corporations and other investments like that, 43.4%, 3.8. connell: in some ways. but probably in fairness to all of us, the so-called taxing the rich is what they were talking about during the debate. >> you make more than 200,000 you will be hit by this. connell: when they presented it there will be small tax increases to the, quote, rich and this is what it means. what the fact economically? >> anytime you tax you get additional incentive, lots of different things, it will reduce the amount of investment income people have. if you are investing getting capital gains and dividends and the government is taking a larger chunk you can't reinvest money that disappeared. connell: one more qu
that the 4 obama care. and capital gains which is at 15%, obama moved it up to 20%. and 3.8%, and 24%, back to where it was before reagan came into office. and on capital gains taxes, and they were in dividends. 39.5%. and it was a tremendous assets, through dividends. and to 23.8%. than other investment income in chapter s corporations and other investments like that, 43.4%, 3.8. connell: in some ways. but probably in fairness to all of us, the so-called taxing the rich is what they were...
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Aug 22, 2013
08/13
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all obama has the exact opposite. you have to do the exact opposite of what obama has done. connell: listen to monica crowley on some stations. charles payne is coming up. he will talk to you about harley-davidson. why haven't we done something about this? workers are getting ready to walk off the job. first, we mentioned oil a second ago. we will be right back on markets now. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it n
all obama has the exact opposite. you have to do the exact opposite of what obama has done. connell: listen to monica crowley on some stations. charles payne is coming up. he will talk to you about harley-davidson. why haven't we done something about this? workers are getting ready to walk off the job. first, we mentioned oil a second ago. we will be right back on markets now. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire....
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it's taken president obama a little longer to do so. dagen: is it a waste of time to go to the g20 summit all together, michael? >> well, is it a waste of time to go to the g20 summit? i've never been to a g20 summit, so i have not -- dagen: for the president. >> it's probably a waste of time. we have, you know, it's an odd collection of countries in here. we got argentina in there as one of the supposedly most developed countries in the world, which is pathetic joke, sorry to say, sorry for the people of argentina, and russia is the host, which is become kind of a thugocicrity, but it gives the president the opportunity to cultivate personal relationships with other leaders, and that could be useful for him to do. dagen: in terms of our frosty relationship with russia, what can unthaw it? is there anything? do we need to worry about that? you can pick up a host of problems and issues we had with the country in recent years. >> well, president obama came to office assuming if he kissed the nether regions of putin, he would be rewarded,
it's taken president obama a little longer to do so. dagen: is it a waste of time to go to the g20 summit all together, michael? >> well, is it a waste of time to go to the g20 summit? i've never been to a g20 summit, so i have not -- dagen: for the president. >> it's probably a waste of time. we have, you know, it's an odd collection of countries in here. we got argentina in there as one of the supposedly most developed countries in the world, which is pathetic joke, sorry to say,...
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Aug 14, 2013
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cheryl: president obama is closely watching the situation. the suez canal is open and at this point unaffected by the unrest in egypt. i know we have oil inventories today. is there concern about what is happening in egypt? you have seen it pretty clearly. brent has really regained the momentum in recent weeks. the good news is from an oil trader standpoint, as long as it continues to be the case, we will probably not be a major spike. we could blow this market off the top. right now, the focus is on inventory. inventory is kind of a mixed bag. if you look at cushing, oklahoma , you can see that. cheryl: thank you so much. time for stocks now. keith bullets is with us. we are down about 80 points. >> really listening to what i am listening for. the one halt inside the federal reserve that is concerned about this inflationary cycles that we may be entering. we have to admit that despite the fundamental outlook that we see in the economy and company earnings, it is all about said speech. we will listen to the st. louis fed president. we will pr
cheryl: president obama is closely watching the situation. the suez canal is open and at this point unaffected by the unrest in egypt. i know we have oil inventories today. is there concern about what is happening in egypt? you have seen it pretty clearly. brent has really regained the momentum in recent weeks. the good news is from an oil trader standpoint, as long as it continues to be the case, we will probably not be a major spike. we could blow this market off the top. right now, the focus...
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Aug 15, 2013
08/13
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president obama says the violence needs to stop. let's go to the floor of the new york stock exchange and our very own nicole petallides. nicole: there is a lot going on here. the dow jones industrials down 195 points, which is a loss of one and a quarter percent. the mentality here on wall street is an interesting one. i almost said washington. these people turn to washington and try to see the federal reserve whether or not they would begin to taper the bond buying. we will get to some movers in a moment, couple of things, the 10-year, and gold just spiked moments ago up $26. keep an eye on gold. i wanted to take a look at walmart and cisco with two down components. cisco systems carbon 5% of their global workforce. back to you. ashley: thank you very much. lori: a reflection of the cpi, shows a little inflation in the system. let's talk about the data they lose. the latest reading on the fed installment is the and atlantic region slow down more than expected in august. the news isn't much better in the new york area. edging up 0.
president obama says the violence needs to stop. let's go to the floor of the new york stock exchange and our very own nicole petallides. nicole: there is a lot going on here. the dow jones industrials down 195 points, which is a loss of one and a quarter percent. the mentality here on wall street is an interesting one. i almost said washington. these people turn to washington and try to see the federal reserve whether or not they would begin to taper the bond buying. we will get to some movers...
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Aug 19, 2013
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. >> speaking of the fed, president obama meeting with big ben and others on the dodd-frank implementation, and picking the replacement looms high. all-star panel ahead. >> worry egyptian violence costs you at the gas pump. live in the middle east where the latest violence and talk to phil flynn at the cme with the impact on our oil prices. >> and, yes, there's an app for that. the latest craze, how you can find the nearest shop for the half cro cont-donut hybrid. we'll have that story, and it's time for stocks now, every 15 minutes. lauren? >> hi, dennis, hi, nicole. stocks anxious about higher rates today. the 10-year is 287, up five of the past six sessions and red arrows for the dow and s&p. the dow with the worst week of the year last week, and now down another 15 points, crunched the numbers, and throughout the level of 150 # 40 meaning close to going below the key 15,000 level. it is the out performer here, apple, facebook, cisco, up arrows on the nasdaq. volume, of course, is light. it is august. however, the number of declining stocks to advancing stocks is pretty wide right now,
. >> speaking of the fed, president obama meeting with big ben and others on the dodd-frank implementation, and picking the replacement looms high. all-star panel ahead. >> worry egyptian violence costs you at the gas pump. live in the middle east where the latest violence and talk to phil flynn at the cme with the impact on our oil prices. >> and, yes, there's an app for that. the latest craze, how you can find the nearest shop for the half cro cont-donut hybrid. we'll have...
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Aug 13, 2013
08/13
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cheryl: one thing i want to ask about, president obama was on an amazon distribution facility a couple weeks ago talking about job creation but a lot of gop leaders and small bookstore owners are furious that the president would give such praise to amazon when all of their companies are going out of business. you are in the book business. what did you make of that? >> i will tread lightly because it is a big partner for us but the independent bookstores as well, it is dangerous to have one big player. they are so good at what they do they are driving a lot of people out. their new apps on the phone, bar code scan and purchase in the store create a gigantic show room facing the rest of the world for amazon so amazon is a powerful player out there. as soon as any politician makes nice with them it drives everybody out the door. cheryl: they are hiring several thousand people which we need. can't hit them for that. thank you, good to see you. talked about it early on, continuing fears, earlier we were down. markets are 29 points but that could change depending on what dennis lockhart has
cheryl: one thing i want to ask about, president obama was on an amazon distribution facility a couple weeks ago talking about job creation but a lot of gop leaders and small bookstore owners are furious that the president would give such praise to amazon when all of their companies are going out of business. you are in the book business. what did you make of that? >> i will tread lightly because it is a big partner for us but the independent bookstores as well, it is dangerous to have...
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Aug 26, 2013
08/13
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fox business was with first lady michelle obama as she came in to kick off the entire tournament, talking to kids, trying to push the let's move campaign, wanting kids to exercise, move, things like that, but she was addressing the stadium full of children and takes the opportunity to tell the kids, basically, get a job. >> if you want to be good at anything, you have to work at it. i know your parents tell you that all the time, but i want to everyone sis that. if you want to be good at anything, put the work in. you have to show up every day. cheryl: all right. that was the first lady talking about the importance of hard work and dedication. nobody knows that better than the next guest, tony, one of the champions, and i don't even cook, so i'm excited to be next to this man, "top chef" masters, you're at the u.s. open this year, and i got to say, they are upgrading the food. why get involved? >> well, that gives us a chance to do a wine bar, a real one. we wrote a cookbook calledded wine book food, and now it's wine bars, one on the south plaza right behind us and one in the club level.
fox business was with first lady michelle obama as she came in to kick off the entire tournament, talking to kids, trying to push the let's move campaign, wanting kids to exercise, move, things like that, but she was addressing the stadium full of children and takes the opportunity to tell the kids, basically, get a job. >> if you want to be good at anything, you have to work at it. i know your parents tell you that all the time, but i want to everyone sis that. if you want to be good at...
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Aug 19, 2013
08/13
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lori: in the meantime, president obama getting back to business. meeting with financial regulators about implementing dodd-frank peter barnes has the very latest. peter: that is just one of the latest things he has on his plate. very busy with things like egypt and syria. the president would like to keep the focus on jobs and the economy. foreign-policy issues may not let him do that. he goes on a two were later this week. congress is out on its regular august recess. he has a megaphone right now and he needs to use it while he can. >> every president in their second term, lame ducks get closer every day. the president is walking a fine line of where he is in that timeline. peter: the end of the fiscal year is september 30. they have not worked out a deal to fund the government. they are looking at a continuing resolution of some kind that will buy more time. the debt ceiling is likely to be hit around october and november. have been reporting on this. he is looking at larry summers, his former economic advisor, as well as janet yellen. lori: funny
lori: in the meantime, president obama getting back to business. meeting with financial regulators about implementing dodd-frank peter barnes has the very latest. peter: that is just one of the latest things he has on his plate. very busy with things like egypt and syria. the president would like to keep the focus on jobs and the economy. foreign-policy issues may not let him do that. he goes on a two were later this week. congress is out on its regular august recess. he has a megaphone right...
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Aug 27, 2013
08/13
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military forces are ready to strike syria at once if president obama gives the order. hagel speaking to bbc television the navy has four destroyers in the mediterranean sea within targets of syria as well as warplanes. support is growing against the syrian government alleged use of chemical weapons last week. >>> firefighters gaining ground against the huge wildfire burning in yosemite national park the rim fire remained 20% contained this morning. cool temperatures and higher humidity this week could give crews the upper hand. those are the headlines on the fox business network. back to ashley and lori. that is good news. ashley: lauren green, thank you very much for that update. home prices jumping 12% in june from last year. but pace is slowing according to the latest case-shiller report adding to mixed signals with surge in home sales. joining to us make sense of all this, john burns, ceo of john burns real estate. it's a little confusing, isn't it, john because we do get a lot of mixed messages but is the overall message that the housing recovery is still in place
military forces are ready to strike syria at once if president obama gives the order. hagel speaking to bbc television the navy has four destroyers in the mediterranean sea within targets of syria as well as warplanes. support is growing against the syrian government alleged use of chemical weapons last week. >>> firefighters gaining ground against the huge wildfire burning in yosemite national park the rim fire remained 20% contained this morning. cool temperatures and higher humidity...
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obama canceled his meeting with vladimir putin right after the appearance with the jay leno with tub long list of topics including average snowden being granted asylum. >> i was disappointed because even though we don't have the extradition treaty with them, traditionally we have tried to respect is there is a lawbreaker or alleged lawbreaker in their country we evaluate and try to work with them. they did not do that with us. and in some ways it is reflective of the underlying challenges we have had with russia lately. lori: des prez incumbents and a recent summit he had. >> you look at me with the nbc executive. what is going on? [laughter] that was a news making interview. >> i am not sure that was his place to do that. >> aol has agreed to buy a 405 million cash and stock it was bigger than the a will purchase of the huffington post. c02m armstrong says it will help to integrate advertising with video content. the deal will close in september. the week-long furlough has been announced with the technology group starting augus. they will receive one-third of pay while executives wi
obama canceled his meeting with vladimir putin right after the appearance with the jay leno with tub long list of topics including average snowden being granted asylum. >> i was disappointed because even though we don't have the extradition treaty with them, traditionally we have tried to respect is there is a lawbreaker or alleged lawbreaker in their country we evaluate and try to work with them. they did not do that with us. and in some ways it is reflective of the underlying challenges...
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even president obama has one. don't worry, he did not use taxpayer money, he got it as a gift from the european commission. ashley: what a waste of money, i am going to say. "countdown to the closing bell." we'll be checking with the news conference as well as a question-and-answer session where he is sure to be asked about his lifting the clear of the u.s. economy, his next pick to lead the fed. that and the rest of the market action straight ahead on "countdown to the closing bell." any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need tredeem some venture miles beforey demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken carof. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. ♪ how did he not see that coming? what's in your wallet? folks have suffered from frequent heartburn. but getting hear
even president obama has one. don't worry, he did not use taxpayer money, he got it as a gift from the european commission. ashley: what a waste of money, i am going to say. "countdown to the closing bell." we'll be checking with the news conference as well as a question-and-answer session where he is sure to be asked about his lifting the clear of the u.s. economy, his next pick to lead the fed. that and the rest of the market action straight ahead on "countdown to the closing...
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Aug 20, 2013
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you had obama fighting for the debt ceiling. you have the beginning of the love trade in india and the middle east. all of that demand was just massive. emerging markets have been slowing their overall growth. if we go back to a store and a fight in congress and we have a strong pickup in gdp and emerging markets, you can see gold trade to that level. on a price adjusted basis, gold would be at $2300. it is still attractive. tracy: you are absolutely flooring everyone who bought gold. you are getting everybody excited. frank holmes, thank you for making this bullish case on gold. we will see what happens. ashley: oil closing down. today had a loss of 2%. the second straight day back group has closed lower. rich edson traveling along with lawmakers in california. he joins us now with more on his exclusive interview. rich: there are significant differences. republican saying we do not want any more tax revenue. democrats say they want up to a trillion dollars more. we asked them, are they on the same page? >> we are both working t
you had obama fighting for the debt ceiling. you have the beginning of the love trade in india and the middle east. all of that demand was just massive. emerging markets have been slowing their overall growth. if we go back to a store and a fight in congress and we have a strong pickup in gdp and emerging markets, you can see gold trade to that level. on a price adjusted basis, gold would be at $2300. it is still attractive. tracy: you are absolutely flooring everyone who bought gold. you are...
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president obama's health care law. the insurance exchanges is expected to open in less than two months. but some workers have yet to be trained or higher. gerri willis is keeping track of all that is going on. you must have a list of what's going on. gerri: i have a whole file cabinet see one you want to implement it. c-3 okay, so who are these people? the navigators. we are explaining obamacare to everybody. they haven't hired them yet. the government is saying, i know that we need the ability to do this. these are the grants are supposed to go to the states to hire them and train them. the money is not out the door. there's another two weeks before the money goes out the door and put into place. we are thinking now that it will be 32 business days to get things up and running. what is funny is that the republicans have talked for so long about repealing obamacare. let's just give it to the government to implement. >> it will never happen. tracy: so people won't have a clue what to do. gerri: we always knew that would
president obama's health care law. the insurance exchanges is expected to open in less than two months. but some workers have yet to be trained or higher. gerri willis is keeping track of all that is going on. you must have a list of what's going on. gerri: i have a whole file cabinet see one you want to implement it. c-3 okay, so who are these people? the navigators. we are explaining obamacare to everybody. they haven't hired them yet. the government is saying, i know that we need the ability...
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president obama eager to highlight a sliver of the economy doing well, real estate. taking to the interpret yesterday at zillow to answer questions about the recovery, housing finance reform, some of what he talked about, but is he on tricky ground? monica is here, and chief economist at first trust advisers, brian, to you first. when you talk about real estate and associating yourself with a recovery, but one that could be called into question, is he treading on dangerous ground here? >> he could be. you know, i actually think the real dangerous ground is, believe it or not, is trying to trash the economy. it keeps growing. it's what we call the plow horse economy. day after day after day, better numbers, today, initial claim, but what worries me is every time the government tries to get involved in a market, it's slowing it down, and, in fact, if you really look at this recovery, the two slowest areas of recovery are employment and housing. the two areas the government tried to help the most, and that's why they are slow to recover. i -- i don't mind his proposal g
president obama eager to highlight a sliver of the economy doing well, real estate. taking to the interpret yesterday at zillow to answer questions about the recovery, housing finance reform, some of what he talked about, but is he on tricky ground? monica is here, and chief economist at first trust advisers, brian, to you first. when you talk about real estate and associating yourself with a recovery, but one that could be called into question, is he treading on dangerous ground here? >>...
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dennis: ink michelle obama would be upset. bezos bought the paper, taking it out of the stockholders' hands. behind the headlines on that ahead. cheryl: i want to look at the energy markets with doil own at 105, and brent and ethanol coming up later in the show with phil flynn. ♪ e you make a great team. it's been that way since e day you met. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's r. you cabe more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid
dennis: ink michelle obama would be upset. bezos bought the paper, taking it out of the stockholders' hands. behind the headlines on that ahead. cheryl: i want to look at the energy markets with doil own at 105, and brent and ethanol coming up later in the show with phil flynn. ♪ e you make a great team. it's been that way since e day you met. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's r. you cabe...
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Aug 20, 2013
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we have not heard the obama administration come out and describe this, at least publicly as a coo. he did, the president, or members of the administration, then, i guess, by definition, if there's a coo in the country, you cut off the aid. you could do that behind the scenes and not call it that. it seems like there's something going on we don't know the details yet of. >> well, i think, you know, i think the administration's trying to, you know, split hairs here and try to have the cake and eat it too, and it's not working, clearly, the egyptian government is not listening to the united states, it's very clearly listens to its more influential gulf allies right now, and our leverage is very limited, but, you know, do we also stand by and watch the military government take egypt down, what i think is a dangerous path at this point. there's an idea that they can crush the muslim brotherhood and restore stability. that's not a recipe for long term staibt. dagen: what's the end game for us? >> well, the end game, i think we share an end game with the egyptian people that we want to ha
we have not heard the obama administration come out and describe this, at least publicly as a coo. he did, the president, or members of the administration, then, i guess, by definition, if there's a coo in the country, you cut off the aid. you could do that behind the scenes and not call it that. it seems like there's something going on we don't know the details yet of. >> well, i think, you know, i think the administration's trying to, you know, split hairs here and try to have the cake...
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Aug 21, 2013
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part-time jobs go along with the obama health care thing. liz is all over this with lizzie mack's bottom line. >> looks like the same debate that spouses have at kitchen table on what is going on with health reform. you know what is strikeing? this is based on government data from the bureau the labor statistics. of 963,000 jobs created, this is based on household survey, a whopping of were part-time jobs, 737. that is driving down household median income. it is helping to undercut gross domestic product, the consumer 70% of the u.s. economy. what we're seeing also, is, companies, i have the memo from forever 21, they're blaming health reform. a growing number about companies we're tracking last two years are blaming health reform. forever 21 will drop associates and other employees to part-time status. other companies are basically dropping workers to part-time status. majority of those companies we showed are blaming health reform. the other thing too that is striking, new study out of san francisco federal reserve which is the turf of jan
part-time jobs go along with the obama health care thing. liz is all over this with lizzie mack's bottom line. >> looks like the same debate that spouses have at kitchen table on what is going on with health reform. you know what is strikeing? this is based on government data from the bureau the labor statistics. of 963,000 jobs created, this is based on household survey, a whopping of were part-time jobs, 737. that is driving down household median income. it is helping to undercut gross...
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president obama set to meet with the greek prime minister. this as the mediterranean nation is really trying to get its stuff out of the sixth year recession. peter barnes, we talked about this. a lot of similarities, huh, between us and greece? >> yeah, that's right. well, to some economists, no question, tracy. both economies suffering from debt, slow growth, trying to get job creation going, and both leaders of the countries, and they are meeting right now, by the way, the meeting has been underway for a bit here, expecting the cameras about to go into the room here, expecting some comment from the president and greek prime minister, and we could hear them talking about austerity. both leaders pushing back on austerity, by, of course, right now, greece is trying to keep its $150 billion bailout from the imf and other european nations on track by reducing spending, reducing government jobs, reducing its deficits, but -- and for some economists right now, the analogy between the united states and greece is, at this point, a little bit like a
president obama set to meet with the greek prime minister. this as the mediterranean nation is really trying to get its stuff out of the sixth year recession. peter barnes, we talked about this. a lot of similarities, huh, between us and greece? >> yeah, that's right. well, to some economists, no question, tracy. both economies suffering from debt, slow growth, trying to get job creation going, and both leaders of the countries, and they are meeting right now, by the way, the meeting has...
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Aug 28, 2013
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rich edson with the latest on the obama administration. a former state department advisor will break down our military options. but first, fox news covering the conflict from jerusalem. what are you hearing? >> cheryl, before we have the war in the middle east we have a war of words. that is what is going on right now. the syrians are continuing to listen to the war drums and eating them a little bit themselves saying if they are attacked, they will make tel aviv burn. we looked at the military, pretty formidable force. i have a lot of long-range missiles, american bull air defense systems and long-range anti-shipments they can be used against the u.s. fleet if it got close enough to the syrian coastline. the issue going forward with this airstrike is just how big would it be. as far as we can tell, it appears there's going to be a very limited strike leaving in place syrian military capabilities. combine that with the fact syria from iran has been talking with how israel will be the first place of a counterstrike. the israelis have put al
rich edson with the latest on the obama administration. a former state department advisor will break down our military options. but first, fox news covering the conflict from jerusalem. what are you hearing? >> cheryl, before we have the war in the middle east we have a war of words. that is what is going on right now. the syrians are continuing to listen to the war drums and eating them a little bit themselves saying if they are attacked, they will make tel aviv burn. we looked at the...
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Aug 29, 2013
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the white house press briefing, president obama spoke to germany's angela merkel. another call set between both of those leaders later today. lori: the economic data was pretty strong when the economy holding onto losses pushing yields up. the benchmark hovering at 2.8%. so is this 2.75-3% the new trading normal range? yes says the chief fixed income strategist. it is really nice to meet you. give me a sense of what message the bond market is saying about his expectations for economic growth and obviouslyythe fed tapering. >> having the bond market, treasury market in particular has adjusted to levels consistent with what is called fed tapering. fewer purchases by the fed, treasury's and mortgage-backed securities. as soon as a process of tapering beginning the middle of september, but there is also another aspect to the fact that i think is quite important, that has been the shift in the form participation in the treasury market. when the yields had been low the last three years, they have been buyers because of the flight with problems overseas particularly in eu
the white house press briefing, president obama spoke to germany's angela merkel. another call set between both of those leaders later today. lori: the economic data was pretty strong when the economy holding onto losses pushing yields up. the benchmark hovering at 2.8%. so is this 2.75-3% the new trading normal range? yes says the chief fixed income strategist. it is really nice to meet you. give me a sense of what message the bond market is saying about his expectations for economic growth...
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president obama teaming up to confirm the hosting of a question and answer session with president obama. we will be moderated by the ceo of zillow. you will be able to write in questions so you can participate in this one. they can be submitted via video and the facebook and twitter page. reporting numbers tomorrow. ashley: lots of interesting zillow. thank you so much. tracy: we are mad because there undervaluing our homes. exactly. all right. more bad news for air travelers. misconduct by tsa employees. they dumped 26% between 2010 and 2012. how concerned should you be? here with the details. ashley: misconduct. >> let me tell you. there are all kinds, everything from stealing to not showing up for work because we don't need people at the airports to do their jobs. lots of problems. a number of complaints, jumping from 2600 in 2010 to 30400 in 2012. a big increase. i say if you are relying on people to give you one your flight -- ashley: all it takes is one to be asleep. >> sleeping is one of the big issues. sleeping on the job is one of the things that they it -- violations of screen
president obama teaming up to confirm the hosting of a question and answer session with president obama. we will be moderated by the ceo of zillow. you will be able to write in questions so you can participate in this one. they can be submitted via video and the facebook and twitter page. reporting numbers tomorrow. ashley: lots of interesting zillow. thank you so much. tracy: we are mad because there undervaluing our homes. exactly. all right. more bad news for air travelers. misconduct by tsa...
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Aug 27, 2013
08/13
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those jobs during the obama years become almost secondary when it comes to economic policy because the president leans so heavily. she is the power center of this administration both from a domestic policy standpoint and a domestic economic policy standpoint so those jobs become less important in the scheme of things. not unimportant, but less important. cheryl: charlie, thank you for calling in with that huge breaking news. charlie gasparino, our senior correspondent with some market moving news on the administration. we want to check in on the market. we are actually session lows right now. lauren simonetti on the floor of the new york stock exchange. syria is the situation, are there any other factors we are talking about on the floor this morning? lauren: syria is the talk right now. we are about 20 points away from session lows for the dow, which is actually the best performing major market right now. the broader market down by 1%. if you look at the volume, it is a little bit more than it was at this time yesterday, still light, 235 million shares changing hands. but you have abo
those jobs during the obama years become almost secondary when it comes to economic policy because the president leans so heavily. she is the power center of this administration both from a domestic policy standpoint and a domestic economic policy standpoint so those jobs become less important in the scheme of things. not unimportant, but less important. cheryl: charlie, thank you for calling in with that huge breaking news. charlie gasparino, our senior correspondent with some market moving...
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connell: of obama moving forward from here, if this is more part-time workers, and the overused phrase, and the new normal. >> it would be a new normal. they lay the employer mandate for a year and during the year they work out some of these disagreements and say we cannot have a 30 hour work week under obamacare. normal businesses, there are at a higher level. and part-timers. dagen: the president on the campaign trail and the need to help the middle class and need to help out the have nots, and they're going to work with congress, and the willingness to act alone. >> he will act with or without congress and that means without congress. mainly democrats will ask the republicans to agree to more federal spending, the idea being public spending stimulates jobs. we have a growth rate that is below 2% and the simple reality is as long as the growth rate remains off of its historic trend in the united states of 3% we are not going to have robust sustained job creation in the united states and we have to ask what is the president doing to get the growth rate off of its back? at least in plu
connell: of obama moving forward from here, if this is more part-time workers, and the overused phrase, and the new normal. >> it would be a new normal. they lay the employer mandate for a year and during the year they work out some of these disagreements and say we cannot have a 30 hour work week under obamacare. normal businesses, there are at a higher level. and part-timers. dagen: the president on the campaign trail and the need to help the middle class and need to help out the have...
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Aug 13, 2013
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. ♪ >> more controversy surrounding the affordable care act as president obama delays part of the law that keeps consumer costs down. we'll have live team coverage now with fox news in martha vineyard and liz macdonald here in new york. why is this limit on the out of pocket expenses delayed? >> actually, it turns out some insurer use separate companies to administer medical coverage in drug benefit, and the computers don't talk to each other and because different companies have different limits on out of pocket costs, they have to figure out a way to keep track of all the out of pocket costs that people are incurring. the result is some people with complex chronic medical conditions like multiple sclerosis pay more than they would have if the $6300 a person cap was in place. this delay imposing a limit on out of pocket costs was actually approved in february, but it was buried in legal and bureaucratic language on the labor department website, no one noticed until the "new york times" picked it up recently. >> interesting. what's been the republican response to all this? >> well, som
. ♪ >> more controversy surrounding the affordable care act as president obama delays part of the law that keeps consumer costs down. we'll have live team coverage now with fox news in martha vineyard and liz macdonald here in new york. why is this limit on the out of pocket expenses delayed? >> actually, it turns out some insurer use separate companies to administer medical coverage in drug benefit, and the computers don't talk to each other and because different companies have...
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Aug 30, 2013
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obama is doing the same things that he criticized bush for. bush had a real coalition. this administrations marriage of hypocrisy -- connell: he could turn it around. it does not look like he is going to. he is looking for a way to act. he may feel like he has to. he is the president. he is not louis the 14th. he does not get to take our country to war just for his personal ego. under a purely military side, he has no articulated, no goals that make sense. his administration remarks, we will do something decisive, but limited. that is a contradiction. connell: judy, what do you think of all of this? >> the problem is the president does have that authority or at least he claims he does. he was willing to use it in libya in 2011. that cost us nearly a billion dollars. it also resulted in a government that cannot protect its own people in libya. the question that the congress is asking and the issue is how many of them feel strongly enough to make a difference. what will we do after we strike? will that put us in a stronger position. connell: that is important. >> what is
obama is doing the same things that he criticized bush for. bush had a real coalition. this administrations marriage of hypocrisy -- connell: he could turn it around. it does not look like he is going to. he is looking for a way to act. he may feel like he has to. he is the president. he is not louis the 14th. he does not get to take our country to war just for his personal ego. under a purely military side, he has no articulated, no goals that make sense. his administration remarks, we will do...
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Aug 29, 2013
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the obama administration officials holding briefings with members of congress. britain announced it will hold off plans until after hearing from you and weapon inspectors. rich: very similar missions and challenges here. over in the uk, holding a parliament meeting right now. the liberal party is pushing back. they want more intelligence. >> there is no 100% certainty on who is responsibility. i think we can be asserted as possible that what we have a regime, that if nothing is done, it will include that it can use these weapons again and again. rich: they briefed congress. they have to sell this thing though. there are members of congress that what any type of and intervention. back to you, cheryl. cheryl: thank you so much, rich. this issue of leadership in the united nations, here is the problem. you have put in who is making a decision on syria. who will lead in the united nations? will it be someone like angela merkel? >> i do not think anything will happen in the security council. the report is not until mid- next week. he faces a revolt within his own par
the obama administration officials holding briefings with members of congress. britain announced it will hold off plans until after hearing from you and weapon inspectors. rich: very similar missions and challenges here. over in the uk, holding a parliament meeting right now. the liberal party is pushing back. they want more intelligence. >> there is no 100% certainty on who is responsibility. i think we can be asserted as possible that what we have a regime, that if nothing is done, it...
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Aug 14, 2013
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i think the long-term is more important to president obama. who is the best person to be there if we lapse back into an economical phone. hh does not want a big international crisis. we want the city growth at home. that is what he is worried about here. tracy: who is that person then? is a decision he will have to make. maybe he thinks that larry summers is the guy. we will have to wait and see, obviously. he is making sure that the larry tracy: i bet you cannot believe how much time we are putting into the discussion of the next fed chair. >> it is always a big decision. i remember when president reagan picked alan greenspan for this job. there was always a lot of attention around it. it is a big choice. what is unusual is you have a lot of people from the air outside. tracy: thank you, sir. ashley: do you think your e-mail is private? if you use google's gmail service, you should not think that. gerri willis joins us with details like the company is making that disclaimer now. gerri: anything in your e-mail is subject to scrutiny. i think t
i think the long-term is more important to president obama. who is the best person to be there if we lapse back into an economical phone. hh does not want a big international crisis. we want the city growth at home. that is what he is worried about here. tracy: who is that person then? is a decision he will have to make. maybe he thinks that larry summers is the guy. we will have to wait and see, obviously. he is making sure that the larry tracy: i bet you cannot believe how much time we are...
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Aug 30, 2013
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president obama saying part of the u.s. obligation is to ensure when the government uses weapons, action is taken, and he said that a lot of people in the world believe something should be done, but u nobody wants to do it. let's bring back greg, the chief political strategist of potomic research. greg, that seems to be a fair statement, do you agree? >> caller: everyone in the administration is haunted by iraq, weapons of mass direction that were not found, and so he wants to convince the public there's a compelling reason to move, but move very cautiously. i think a big theme of what he said is that whatever we do is not going to be massive. >> rich, i know you are hanging out with us, and, you know, the congress is not going to want to do this. how does the president convince them this is something they need to do? >> it's not quite ruled out, and boehner just wants more information, and to greg's point, this is an administration incredibly focused on iraq, a president politically who ran against the type of intervention
president obama saying part of the u.s. obligation is to ensure when the government uses weapons, action is taken, and he said that a lot of people in the world believe something should be done, but u nobody wants to do it. let's bring back greg, the chief political strategist of potomic research. greg, that seems to be a fair statement, do you agree? >> caller: everyone in the administration is haunted by iraq, weapons of mass direction that were not found, and so he wants to convince...
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Aug 28, 2013
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president obama will speak today in d.c. the fire near yosemite is one of the largest in california's history. the boost containment to 23%. the fire has consumed 293 square miles. the tomatoes were flying in spain. 130 tons of ripe tomatoes. the town needs the money to pay down debt. by the way, portable showers are available. lori: thank you so much. the unemployment rate may be down. according to my next guest, it will take years for this to return to full employment. you did some of your own calculations on the unemployment situation. we need 2 million more jobs to get us back to where we were. how did you come to this number? >> that is the difference between how many people were employed and how many were employed in july. the actual jobs deficit is bigger than that, however. lori: what is the deficit? >> between seven and seven and a half million. lori: since we follow the payroll report on a monthly basis, how many new payrolls need to be created in the economy. >> if we have job growth of about 80,000 every month, t
president obama will speak today in d.c. the fire near yosemite is one of the largest in california's history. the boost containment to 23%. the fire has consumed 293 square miles. the tomatoes were flying in spain. 130 tons of ripe tomatoes. the town needs the money to pay down debt. by the way, portable showers are available. lori: thank you so much. the unemployment rate may be down. according to my next guest, it will take years for this to return to full employment. you did some of your...
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ashley: president obama is going around the country touting his economic plans. part of that is repatriating all these overseas dollars, $2 trillion overseas. will companies, can something be done to have these companies who obviously enjoy much better tax rates overseas, bringing that money back? should it be more than just a one-time, you know, repatriation break if you would like, because that money could do a lot of good in this country? >> i think that fundamental tax reform that includes a move towards a territorial system that i think aligns more favorably with our trading partners would be a good thing. i think you would have, you see a lot of incentives to bring money back that is otherwise parked offshore but also make u.s. companies more competitive abroad. 95% of the world's customers are outside of our borders. ashley: yeah. >> we shouldn't do anything to disadvantage u.s. companies abroad. and, i think, that is the permanent long-term solution. i'm very disappointed in the idea of a repatriation holiday that is then turned around and spent, you know
ashley: president obama is going around the country touting his economic plans. part of that is repatriating all these overseas dollars, $2 trillion overseas. will companies, can something be done to have these companies who obviously enjoy much better tax rates overseas, bringing that money back? should it be more than just a one-time, you know, repatriation break if you would like, because that money could do a lot of good in this country? >> i think that fundamental tax reform that...
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dagen: a number of part-time workers hitting a record 28.2 million in july, so president obama's health care law part of the blame? let's bring in a senior economic writer at the "wall street journal." good to see you. step back and look at this overall jobs picture, it is not great that it is not horrible. >> there is a big scandal in baseball right now with steroids. we are not growing the way we should be. i have been wrong on this, we are seeing some healthy growth right now. this is very discouraging. dagen: steroids is more stimulus, that is something during the speeches. >> i am not much more government spending. one of the things interesting in this report is the last couple of years government employment has been down. for the first time no negative in government employment. this is all just a week private sector hiring and i do think there is a link to the obamacare law, but i think it is just employers are so uncertain about anywhere the economy is headed and what is the next shoe to drop in washington, d.c. dagen: do you think that will last until the next presidential elect
dagen: a number of part-time workers hitting a record 28.2 million in july, so president obama's health care law part of the blame? let's bring in a senior economic writer at the "wall street journal." good to see you. step back and look at this overall jobs picture, it is not great that it is not horrible. >> there is a big scandal in baseball right now with steroids. we are not growing the way we should be. i have been wrong on this, we are seeing some healthy growth right...
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president obama announcing that he intends to nominate john kosikinen. to the commissioner of the internal revenue service. he is well-known turn around artist from the private sector who has worked in government on a bipartisan basis. he most recently served as the nonexecutive chairman of freddie mac, bailed out of course in the bush administration, from 2008 to 2011, through the obama administration. he is also a former director director for the office of management and budget in the clinton administration from 1994 to 1997. held other posts in public service. most prominently known for his work at the palmieri company which is a big corporate turn around company that among other things helped to fix penn central after the railroad company that went bankrupt many years ago. so president obama announcing that john koskinen will be the nominee to take over the irs. ashley. ashley: quite a job to take over as well, peter. it comes the same time it has its hands full with the countdown to obamacare. how is that process going? >> we want to talk about a co
president obama announcing that he intends to nominate john kosikinen. to the commissioner of the internal revenue service. he is well-known turn around artist from the private sector who has worked in government on a bipartisan basis. he most recently served as the nonexecutive chairman of freddie mac, bailed out of course in the bush administration, from 2008 to 2011, through the obama administration. he is also a former director director for the office of management and budget in the clinton...